Kathmandu, March 1: Finance Minister Dr. Yuba Raj Khatiwada has said that the government will meet the set target of achieving 8 percent economic growth.
While inaugurating the 3rd International Conference on Economics and Finance organized here by the Nepal Rastra Bank (NRB) held here on Friday (Feb 28), he said, “The economic indicators in fiscal 2019-20 positively point out that the economy will see a nearly double-digit growth.”
Minister Dr. Khatiwada also informed that the efforts are on to implement the programs, policies, and plans that are focused on alleviating poverty and achieving Sustainable Development Goals (SDGs).
Speaking the occasion, NRB Governor Dr. Chiranjibi Nepal, said that achieving high economic growth by the country is very tough given the debilitating impacts of the coronavirus outbreak on Nepal’s trade and tourism.
He also informed that the central bank has lately been increasing investment in productive sectors like agriculture and energy with an aim to help stabilize the country’s economy.
NRB organized the two-day conference to discuss economic and financial sector issues with policymakers, practitioners, and researchers. It incorporated discussions and deliberations on issues like macroeconomic policies, macroprudential policies, macro-financial linkages, fiscal federalism, public finance, decentralization, globalization, international trade, and exchange rate regimes.
